The objective was to consolidate all back-office operation on one single harmonised platform accross schemes (local and global) and processors.
The scope adresses reconcilication (clearing & settlement), billing (gross, net, pseudogross), accounting (EOM closing) and cash monitoring (prefunding and settlement).
The implementation has been phased, starting with the reconciliation mdoule and ending with the biiling/accounting modules.
The waterfall methodology was chosen for the implementation of the reconcitiion module while an agile methodology has been chosen for the billing/accounting module.
The first phase was live in production 3 months after the start of the project. The end-to-end implementation took 12 months.